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Suciu Popa and CMS Advise on Ford's Sale of Craiova Plant to Ford Otosan

Suciu Popa and CMS Advise on Ford's Sale of Craiova Plant to Ford Otosan

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Suciu Popa has advised the Ford Motor Company on the sale of its Craiova assembly plant in southern Romania to its partner Ford Otosan in Turkey. CMS advised Ford Otosan.

The transaction is expected to close by the third quarter of 2022.

According to Ford, “through the transfer of ownership, the Craiova plant will benefit from a wide network of skills and know-how transfer through the vast experience of the Ford Otosan team in the design, development, and construction of commercial and electric vehicles.”

Suciu Popa’s team included Managing Partner Miruna Suciu and Partners Cleopatra Leahu, Mihai Caragui, and Dan Ciobanu.

The CMS team included Romania-based Managing Partner Horea Popescu, Partner Rodica Manea, Senior Counsel Laura Grigore, Counsel Claudia Nagy, Senior Associates Raluca Ionescu, Valentina Parvu, and Andrei Cristescu, Associates Catalin Vasile, Simona Strava, Cristina Ciomos, Alexandru Trandafir, and Sorin Predescu, and Lawyers Eduard Roventa and Bianca Banateanu, Poland-based Partner Iain Batty, and further team members in the Netherlands.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

Firm's website.